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Geely, China acquires 25% stake in Italian bus maker Menarini S.p.A

On November 22, multiple sources reported that Geely, a China-based global automaker, acquired a 25% stake in Menarini S.p.A (formerly known as Industria Italiana Autobus S.p.A.: IIA), an Italian bus maker, and will provide know-how for the development of 6 and 8-meter electric bus models.
Under the relaunch plan, th....

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